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Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

Insane EU GDPR SCAM Triggers Mass Email Spam Attacks!

Politics / European Union May 24, 2018 - 10:48 PM GMT

By: Nadeem_Walayat

Politics

Once upon a time most spam emails tended to end up in users SPAM folders, but then along came another cunning plan out of the European Union Bureaucracy, The General Data Protection Regulation or GDPR in the run up to which the world's email users have been increasingly subject to the worlds largest Spam Attack, where it has got to the point where most of the emails users are receiving are GDPR SPAM EMAILS! As companies desperate to be compliant in respect of GDPR are repeatedly asking for further consent for being on their customer mailing lists and are thus breaking OTHER EU regulations against the sending of such emails!


GDPR is INSANE because virtually ALL of the GDPR SPAM emails are not going into the SPAM folders because they are FROM genuine contacts. However, they are SPAM emails because they virtually all carry similar messages requesting a visit to x,y,z boring page to read time wasting statements about the EU's GDPR BS.

I know many out there will state that GDPR is a good thing because in theory it supposedly protects peoples personal data but in practice it probably is not going to make much difference, as the real spammers already ignore the regulations anyway! Whilst small businesses at huge costs are mistakenly being conned by GDPR consultants into wasting money on fear of being fined millions of euros to send out SPAM GDPR EMAILS to their customers! ALL of which is UNNECESSARY! For the fundamental fact that if a user has given consent in the past then that consent is STILL VALID TODAY! Whilst if the sender does not already have consent then they are breaking the law by sending an email ASKING for consent!

So the GDPR consultants are milking small and medium sized business for consultancy fees are doing huge damage to most businesses as they see their hard built customer lists evaporate due to the idiotic spamming asking for consent when they already HAVE consent!

So folks KEEP CALM AND CARRY ON by taking GDPR with a giant pinch of salt and don't be frightened by the mainstream mess media's FEAR headlines, or the sales pitches from the GDPR consultants for 90% of that which they are trying to sell solutions for are UNNECESSARY! and in fact HARMFUL TO YOUR BUSINESS!

Meanwhile the British people on June 23rd 2016 chose to opt out of the European Union! But still British in-boxes are being filled up with EU generated garbage!

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2018 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Copyright © 2005-2018 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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